Travel services in Bahamas
Bahamas: Travel services was 12.3% in 2024. ▼ Falling
Travel services in Bahamas, 1976–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service imports.
Analysis
Bahamas recorded 12.3% for travel services in 2024.
That represents a change of up 13.8% on the previous year and down 0.2% over ten years.
Over the whole period, travel services in Bahamas peaked at 40.0% in 1991 and was at its lowest, 9.4%, in 2020.
Bahamas ranks 141st of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 49 years of available data.
Travel services in Bahamas, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 1976 | 34.0% | — |
| 1977 | 27.5% | -18.9% |
| 1978 | 33.7% | +22.3% |
| 1979 | 25.6% | -23.9% |
| 1980 | 28.8% | +12.5% |
| 1981 | 31.8% | +10.4% |
| 1982 | 32.2% | +1.0% |
| 1983 | 27.7% | -13.7% |
| 1984 | 31.4% | +13.0% |
| 1985 | 34.0% | +8.4% |
| 1986 | 34.0% | +0.0% |
| 1987 | 35.3% | +3.8% |
| 1988 | 37.3% | +5.8% |
| 1989 | 37.4% | +0.2% |
| 1990 | 37.8% | +0.9% |
| 1991 | 40.0% | +5.8% |
| 1992 | 39.4% | -1.4% |
| 1993 | 32.1% | -18.4% |
| 1994 | 32.6% | +1.5% |
| 1995 | 35.2% | +7.8% |
| 1996 | 35.1% | -0.3% |
| 1997 | 31.6% | -9.8% |
| 1998 | 27.2% | -13.8% |
| 1999 | 31.2% | +14.7% |
| 2000 | 26.9% | -13.8% |
| 2001 | 28.5% | +5.9% |
| 2002 | 26.3% | -7.9% |
| 2003 | 30.2% | +15.1% |
| 2004 | 27.0% | -10.6% |
| 2005 | 28.5% | +5.5% |
| 2006 | 25.5% | -10.4% |
| 2007 | 25.1% | -1.5% |
| 2008 | 23.3% | -7.2% |
| 2009 | 22.5% | -3.6% |
| 2010 | 20.7% | -8.0% |
| 2011 | 19.6% | -5.3% |
| 2012 | 18.8% | -4.1% |
| 2013 | 16.2% | -13.4% |
| 2014 | 12.3% | -24.1% |
| 2015 | 18.9% | +53.0% |
| 2016 | 20.7% | +9.7% |
| 2017 | 22.1% | +6.8% |
| 2018 | 19.9% | -9.8% |
| 2019 | 20.4% | +2.3% |
| 2020 | 9.4% | -53.7% |
| 2021 | 9.5% | +0.6% |
| 2022 | 9.8% | +3.6% |
| 2023 | 10.8% | +9.8% |
| 2024 | 12.3% | +13.8% |
Bahamas compared with similar countries
- Bahamas's 12.3% is below the median for high income countries, which is 21.3%, 58% of the median. (72 countries reporting)
- Bahamas's 12.3% is below the median for Latin America & Caribbean, which is 20.0%, 62% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 30.2% | 25.6% | 34.0% | 4 |
| 1980s | 33.0% | 27.7% | 37.4% | 10 |
| 1990s | 34.2% | 27.2% | 40.0% | 10 |
| 2000s | 26.4% | 22.5% | 30.2% | 10 |
| 2010s | 19.0% | 12.3% | 22.1% | 10 |
| 2020s | 10.4% | 9.4% | 12.3% | 5 |
Countries ranked near Bahamas
More private sector data for Bahamas
- Merchandise trade 35.6% (2024)
- Food imports 20.0% (2024)
- Manufactures imports 61.1% (2024)
- Merchandise imports 5.52 billion current US$ (2025)
- Food exports 52.2% (2024)
- Manufactures exports 31.2% (2024)
- Merchandise exports 711.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 1,764 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0435 current US$ per US$ of GDP (2024)
- Merchandise exports (current US$), annual growth rate 3.19 % change on previous year (2025)
Frequently asked questions
- What is travel services in Bahamas?
- Travel services in Bahamas was 12.3% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Bahamas?
- The highest recorded value was 40.0% in 1991.
- What is the lowest travel services recorded in Bahamas?
- The lowest recorded value was 9.4% in 2020.
- How does Bahamas rank for travel services?
- Bahamas ranks 141st out of 198 countries with data for 2024.
- Is travel services rising or falling in Bahamas?
- Over the last ten years it is down 0.2%. The long-run trend across the full record is falling.
- Where does this Bahamas data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Travel services (% of commercial service imports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service imports which are commercial services provided by non-residents to residents.